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Jan 30, 2013
01/13
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WETA
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let's look at shares of boeing, peter. the stock price obviously seeing a lot of vulnerability, as well aay volatility since announcing the problem with the lithium batteries. 74 and change, what do you expect that to be at? >> it has felt a little snake-bitten with the volatility, and it has underperformed the broader market, but we think there is a significant upside as they start to deploy a lot of that cash for stock buybacks. we have an $87 price target, and there could be an up side if they get aggressive with buying back more shares. >> tom: and it has a lot of free cash flow at its access. do you own any shares of boeing yourself, peter? >> no. we're prohibited from doing athat. >> tom: peter arment, alyst at sterne agee tonight alcoholic >> susie: it was all about blackberry today in the technology world. rim unveiled its long-awaited new operating system, known as blackberry 10. the platform will run two new phones: the z10 and q10. but, there will be some delay before american users can get their hands on either
let's look at shares of boeing, peter. the stock price obviously seeing a lot of vulnerability, as well aay volatility since announcing the problem with the lithium batteries. 74 and change, what do you expect that to be at? >> it has felt a little snake-bitten with the volatility, and it has underperformed the broader market, but we think there is a significant upside as they start to deploy a lot of that cash for stock buybacks. we have an $87 price target, and there could be an up side...
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Jan 24, 2013
01/13
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FBC
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gerri: here are the claims from boeing. unmatched fuel efficiency resulting in exceptional environmental performance. using 20% less fuel. the and everybody else in my group, we all had problems with lithium -- i am the theme batteries. it's a surprise. you pick up your laptop. it's burning hot and it's because the batteries are overheating. >> i told somebody on the radio today, have a laptop that ran really hot. it was a mac book. i replaced it this year and it runs cooler. they can improve the technology, but now they're putting them in cars, airplanes, and these are enormous batteries. they are just not -- they have not been tested adequately at. you know, the faa did a lot of testing and spend a lot of time on this, but they have been in design and development for about two years now. still have worked all the bugs. gerri: reassuring. >> deasy -- de incentivizes it. does not mean it's going to happen. gerri: before you go, how are taxpayers on the hook for this? >> well, the state of washington offered billions of doll
gerri: here are the claims from boeing. unmatched fuel efficiency resulting in exceptional environmental performance. using 20% less fuel. the and everybody else in my group, we all had problems with lithium -- i am the theme batteries. it's a surprise. you pick up your laptop. it's burning hot and it's because the batteries are overheating. >> i told somebody on the radio today, have a laptop that ran really hot. it was a mac book. i replaced it this year and it runs cooler. they can...
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it's not terminal to boeing, but it's a problem. melissa: if the airlines sue boeing because they have to cancel flights, change equipment, or have problems, if it turns out it's the fault of a supplier like the battery maker, can boeing then go back and sue that supplier for the money? >> i don't think they even need to call a lawyer, just go to the supplier and start writing checks or you'll never work in this town again. melissa: great points. are they close to a solution? the earnings call for beau, the ceo says we are getting closer, but the ntsb says they have no idea, we're not closer. what do you think? >> well, this is unique. we had airliners introduced over the last 70 years, some blow up in the sky when they are new, others have wings fall off. this is an airplane with no structural problems. it's a battery issue. met all the performance requirements and expectations. we've never had a situation where we have something as small as a battery. we don't know what's causing the problem. we don't have a fix for it. i don't kn
it's not terminal to boeing, but it's a problem. melissa: if the airlines sue boeing because they have to cancel flights, change equipment, or have problems, if it turns out it's the fault of a supplier like the battery maker, can boeing then go back and sue that supplier for the money? >> i don't think they even need to call a lawyer, just go to the supplier and start writing checks or you'll never work in this town again. melissa: great points. are they close to a solution? the earnings...
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Jan 31, 2013
01/13
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FBC
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the question is, whether boeing was connecting the dots. whether they saw that there was a problem brewing with these batteries and what they did about it. melissa: how could they not? how could they not at this point? that sounds like an awful lot of batteries. it sound like the same problem over and over again. we're also hearing there was a study back in 2010. the faa found this lithium ion chemtries boeing was using, lithium cobalt was more flammable than several possible types. >> that's right. melissa: there was a study out that said this could be a problem. and all of sudden you see evidence of it, don't you think, isn't it logical to believe at that point they should have said, we have a problem? >> as an investigator you go back to look at every event and you see whether there is any similarities. we're not sure yet. we know six of them apparently were overcharges. there were some undercharges. the question is, were there any similarities either in the events or from the production side. one interesting thing that came out this wee
the question is, whether boeing was connecting the dots. whether they saw that there was a problem brewing with these batteries and what they did about it. melissa: how could they not? how could they not at this point? that sounds like an awful lot of batteries. it sound like the same problem over and over again. we're also hearing there was a study back in 2010. the faa found this lithium ion chemtries boeing was using, lithium cobalt was more flammable than several possible types. >>...
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Jan 24, 2013
01/13
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FBC
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. >>> boeing's nightmare just won't end. investigators struggle to find a cause to find the lithium-ion battery fires. can they truly be tested to fly again? i'm wondering ♪ . melissa: you have been hearing this story all week. golf superstar phil mickelson might be leaving his home state of california because he ising soaked by high taxes n 2013 top earners in california could be paying 53% of the their income in taxes. that is amazing, we have only heard this from one prominent california resident so far that is. will this start an exodus from the golden state to tax-free havens like florida and texas? our "money" power panel has all the answers. dave porter. ear run mcclear was the press secretary for california governor arnold schwarzenegger. we have jerry webster from oppenheimer fund. thanks for joining us. aaron, let me start with you. what is the response like? are highest inc/m- tax in the count22v and it will start to÷ú have a real effect. meli&xp] jerry do you agree wivh that? is there a point ofç diminishi
. >>> boeing's nightmare just won't end. investigators struggle to find a cause to find the lithium-ion battery fires. can they truly be tested to fly again? i'm wondering ♪ . melissa: you have been hearing this story all week. golf superstar phil mickelson might be leaving his home state of california because he ising soaked by high taxes n 2013 top earners in california could be paying 53% of the their income in taxes. that is amazing, we have only heard this from one prominent...
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Jan 31, 2013
01/13
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FBC
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david: talk about a specific, boeing. boeing had $68 billion in revenue last year. about half of that was from defense contracts. how will boeing be affected by this? >> i think boeing and the other major prime contractors are in a little bit better of a position. they have a strong backlog of products that they have already, that the government has already obligated funding to buy. they have got a lot of different product lines. they will continue to produce on those product lines and dod will continue to buy them. that's part of a lot of is funded out of the base defense budget. david: let me stop you there, todd, for a second. take one project, the f-35. this is the latest version of the stealth fighter. these planes are not cheap. they're about 100 million each. i think $103 million each. the pentagon is expected to buy 2440 of them. you say they will continue to buy them even with the cuts? >> they will continue to buy them. that is the current plan. the real risk to programs like f-35 is sequestration. if sequestration goes into effect on march 1st, every prog
david: talk about a specific, boeing. boeing had $68 billion in revenue last year. about half of that was from defense contracts. how will boeing be affected by this? >> i think boeing and the other major prime contractors are in a little bit better of a position. they have a strong backlog of products that they have already, that the government has already obligated funding to buy. they have got a lot of different product lines. they will continue to produce on those product lines and...
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Jan 24, 2013
01/13
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CNBC
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update on boeing. shake up at the nyse. >> what else? >> lots of things coming up. i will also duck out early because i'm doing "closing bell" as well as the new york stock exchange. >> wow, so repeating everyday. >> it really is. >> it is. fantastic. we are back right after this. ♪ [ male announcer ] some day, your life will flash before your eyes. make it worth watching. introducing the 2013 lexus ls. an entirely new pursuit. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the aisle. and go. you can even take a full-size or above. and still pay the mid-size price. i could get used to this. [ male announcer ] yes, you could business pro. yes, you could. go national. go like a pro. >>> welcome back, everybody. what you are looking at is an empty podium there. watching live tv. we are monitoring two events that are just about to happen any time now. first of all, at the white house, the president is set to announce the nomination of former u.s. attorney mary jo
update on boeing. shake up at the nyse. >> what else? >> lots of things coming up. i will also duck out early because i'm doing "closing bell" as well as the new york stock exchange. >> wow, so repeating everyday. >> it really is. >> it is. fantastic. we are back right after this. ♪ [ male announcer ] some day, your life will flash before your eyes. make it worth watching. introducing the 2013 lexus ls. an entirely new pursuit. omnipotent of...
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Jan 31, 2013
01/13
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LINKTV
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. >> the granting of a boeing 787 in japan has cost it $1 billion. -- grounding of a boeing 787 has cost it $1 billion. doctors and ambulance staff say cutbacks have left to the health system missing supplies. protests have increased in recent weeks as an grows over the government's austerity plan. it is difficult to navigate and more daunting if you do not speak russian. we are talking about the moscow metro. there are up to 9 million passengers during peak hours. a major redesign aims to ease the crush. >> you could be forgiven for thinking parts of the moscow metro looks more like an art gallery that a busy underground rail network. it reflects the city's soviets passed and culture. tens of thousands of people work to bring the subway system to live. much of the labor is done in tough conditions by hand. the metro opened in 1935, 70 years after the london underground started operating in more than 30 years after the new york subway began running. when >> the first idea appeared -- >> when the first idea appeared, moscow residents wonder why we needed it. now they are proud. >> 7 milli
. >> the granting of a boeing 787 in japan has cost it $1 billion. -- grounding of a boeing 787 has cost it $1 billion. doctors and ambulance staff say cutbacks have left to the health system missing supplies. protests have increased in recent weeks as an grows over the government's austerity plan. it is difficult to navigate and more daunting if you do not speak russian. we are talking about the moscow metro. there are up to 9 million passengers during peak hours. a major redesign aims...
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90
Jan 27, 2013
01/13
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WJLA
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eye 90
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boeing has to get this right. the end of the day, it is the boeing company that goes out if they havanother overheatiting incident ithe year. this is a terrible hit u.s. exportrts. by the w way, the people a airbus a not h happy aut thihis, because they think are going to rely on these batteries a as well. >> not just blowing t that is going to be heard by this. >> suppliers. this wholele supply chain behind them. it is a major eort industry fofor the united states. >> mj, ls of announcents f for the esident this week, frorom chief of staff to the ad of the sec one of the articles y read ys tt reblicans have a a int a whip for the fininancial services committee to keep track of the boats and see who was falling in line anand was not. >> it has been a busy y week for the white house and the president and in terms of nominating people to k key positions. mary jo white has en nominated to be the next sec chair -- >> she took on terroristss as she is willing to take on wall street. >> people i t talk to are concerned
boeing has to get this right. the end of the day, it is the boeing company that goes out if they havanother overheatiting incident ithe year. this is a terrible hit u.s. exportrts. by the w way, the people a airbus a not h happy aut thihis, because they think are going to rely on these batteries a as well. >> not just blowing t that is going to be heard by this. >> suppliers. this wholele supply chain behind them. it is a major eort industry fofor the united states. >> mj, ls...
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Jan 25, 2013
01/13
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KQED
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shares of boeing responded pretty positively here. they were up by 1.4%. overall the broad market, well, it has a shadow cast on the market thanks to apple that was specifically for technology the broader market was able to creep higher. the s&p 500, which includes apple, climbed over the $1,500 level this morning thanks to the encouraging weekly jobs data. the buying lost some steam in the early afternoon, with the index eeking out a gain of one penny. volume on the big board was on the lighter side at 676 million shares. but nasdaq volume was heavy with over two billion shares trading. the losses were concentrated in the technology sector, losing 2%. while the consumer discretionary sector put in the best performance, up 0.7%. in the tech sector it was all about apple and worries its growth rate is slowing. but those worries are exclusive to apple. they stretched to the stocks of its key suppliers. cirrus logic makes energy and audio semiconductors for apple. shares fell 10.8%. cirrus reported a big jump for its quarterly profits, but revenues were not a
shares of boeing responded pretty positively here. they were up by 1.4%. overall the broad market, well, it has a shadow cast on the market thanks to apple that was specifically for technology the broader market was able to creep higher. the s&p 500, which includes apple, climbed over the $1,500 level this morning thanks to the encouraging weekly jobs data. the buying lost some steam in the early afternoon, with the index eeking out a gain of one penny. volume on the big board was on the...
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Jan 25, 2013
01/13
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WJZ
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shares of boeing responded pretty positively here. they were up by 1.4%. overall the broad market well it has a shadow cast on the market thanks to apple that was specifically for technology the broader market was able to creep higher. the s&p 500, which includes apple, climbed over the $1,500 level this morning thanks to the encouraging weekly jobs data. the buying lost some steam in the early afternoon, with the index eeking out a gain of one penny. volume on the big board was on the lighter side at 676 million shares. but nasdaq volume was heavy with over two billion shares trading. the losses were concentrated in the technology sector, losing 2%. while the consumer discretionary sector put in the best performance, up 0.7%. in the tech sector it was all about apple and worries its growth rate is slowing. but those worries are exclusive to apple. they stretched to the stocks of its key suppliers. cirrus logic makes energy and audio semiconductors for apple. shares fell 10.8%. cirrus reported a big jump for its quarterly profits, but revenues were not as
shares of boeing responded pretty positively here. they were up by 1.4%. overall the broad market well it has a shadow cast on the market thanks to apple that was specifically for technology the broader market was able to creep higher. the s&p 500, which includes apple, climbed over the $1,500 level this morning thanks to the encouraging weekly jobs data. the buying lost some steam in the early afternoon, with the index eeking out a gain of one penny. volume on the big board was on the...
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Jan 25, 2013
01/13
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FOXNEWSW
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boeing says the test was done wrong. the worker who set it up says it was correct, and the batteries were dangerous. he was fired and sued and lost his case. now the feds are reexamining the whole incident. meantime, boeing continues to assemble dreamliners in seattle and south carolina. the problem is what to do with the planes when they're finished. the company did get a vote of confidence from the ceo of united airlines who says he still has confidence in the 787 and has no doubt customers will come back. united owns six of the grounded planes and has more on order. >> a new credit card fee kicking in this weekend. how can you avoid getting swiped? find out. >> and forget cruise ships. people are getting the norovirus in the office. >>> you swipe, they charge. starting sunday stores will be allowed to hit you with a checkout fee if you pay by credit card. it could add an extra 4% to your purchase price. dave ramsey says go for the cash. dave, this is new. can every credit -- everytime you swipe they can nail you for 4
boeing says the test was done wrong. the worker who set it up says it was correct, and the batteries were dangerous. he was fired and sued and lost his case. now the feds are reexamining the whole incident. meantime, boeing continues to assemble dreamliners in seattle and south carolina. the problem is what to do with the planes when they're finished. the company did get a vote of confidence from the ceo of united airlines who says he still has confidence in the 787 and has no doubt customers...
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Jan 24, 2013
01/13
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KICU
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. >>> the new top boeing a fix is im independent. congressman rick larson from washington state says he refuses to second guess the faa's decision to ground boeing's 787 fleet last week due to an over heating problem with litd yum ion batteries. faa and boeing have told him the grounding of the plains should not last long. it is located in larson's district and largest employer. >>> art can often be a hot button issue. but in the next story things perhaps went a little too far. at a san francisco art exhibit went up in flames. marty spoke exclusive lavmly with the artist and was told it went on purpose. >>reporter: it was created by this woman, claire fon cane as part of an intercontactive. -- flair fontaine. >> very dangerous but noble work. come here and see the people are playing with fire and they don't like it. >>reporter: fontaine insisted the exhibit was safe. they tested it. fire retardant used on the wall and no one was on the top floor but at 10:00 last night fire officials say things were out of control. >> i saw 2 or 3 fi
. >>> the new top boeing a fix is im independent. congressman rick larson from washington state says he refuses to second guess the faa's decision to ground boeing's 787 fleet last week due to an over heating problem with litd yum ion batteries. faa and boeing have told him the grounding of the plains should not last long. it is located in larson's district and largest employer. >>> art can often be a hot button issue. but in the next story things perhaps went a little too...
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Jan 27, 2013
01/13
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FBC
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lines and great to see that, but the biggest issue here, is that we have now, first, coming in like boeing, it was building a new plant in south carolina that was stopped because the nlrb somehow deemed that it was not in the best interest of the labor department or the labor to work there. well, that was insane. that was probably 2 billion dollars investments that went up in smoke and that's coming back. people put a lot of projects on hold because they didn't know how crazy this nlrb was going to get. with this being changed you're going to see 5 billion, 10 billion dollar plants coming because they can go where they want to be and by the way, they announced this week lowest percentage of union labor in the united states and by the way, so far we haven't had economcalamity. >> brenda: so far it's taking the labor board out of commission for a while. does that help the economy? >> oh, i believe it does, because it gets to, i think, a bigger issue, brenda, finally, maybe, a little tamp down on government overreach, you know, in obama's inauguration speech, it was all about growing governme
lines and great to see that, but the biggest issue here, is that we have now, first, coming in like boeing, it was building a new plant in south carolina that was stopped because the nlrb somehow deemed that it was not in the best interest of the labor department or the labor to work there. well, that was insane. that was probably 2 billion dollars investments that went up in smoke and that's coming back. people put a lot of projects on hold because they didn't know how crazy this nlrb was...
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Jan 31, 2013
01/13
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KCSMMHZ
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boeing's ceo responded that batteries are often changed during routine maintenance. some batteries in ana's plane had to be replaced because they wouldn't keep a charge. they said the others were mishandled. japanese transport authorities say the ana emergency landing was probably unconnected to the multiple battery changes. ana officials say the temporary loss of the 787 led to a drop in revenue in january. they had to canceled 460 flights. sales took a $15 million hit but profits from last year should help offset that loss. the officials say the ana operating profit from april 2012 was $1.2 billion, that's an increase of 18% in yen terms from a year earlier. it's also a record high for the company. but ana senior managers are concerned about financial problems down the road if the 787 investigation drags on. executive vice president says the company's business will be affected if it takes more time for dreamliner flights to be resumed. he added ana has no intention at present of changing the policy of introducing 49 boeing 787s by the year 2020. >>> many more japan
boeing's ceo responded that batteries are often changed during routine maintenance. some batteries in ana's plane had to be replaced because they wouldn't keep a charge. they said the others were mishandled. japanese transport authorities say the ana emergency landing was probably unconnected to the multiple battery changes. ana officials say the temporary loss of the 787 led to a drop in revenue in january. they had to canceled 460 flights. sales took a $15 million hit but profits from last...
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Jan 28, 2013
01/13
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WGN
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a stopdown in production would be costly for boeing and its suppliers. the company has orders for 800 dreamliner planes. earlier this month, the f-a-a grounded all 50 dreamliners in use, after lithium battery fires broke out in two jets. investigators have not yet figured out what caused the fires. your live illinois lottery drawing is next. after that ramsey will join us again... >> tonight on instant replay.. the blackhawks... sox fest... and illini basketball... tonight at 9:40... break pick 3... 5 5 2 pick 4... 2 9 7 0 lucky day lotto... 32 36 4 20 34 break a febreze experiment. can a 30-day-old pluggable febreze make even this old container smell fresh? take a deep breath describe the room you're in. like a big open space. like i'm hanging the sheets on the line. it just smells really fresh, man. let's take your blindfold off. oh! [ both laugh ] super weird! oh, is it febreze? yeah. oh, how about that? febreze has anti-clogging technology that keeps it smelling fresh even after 30 days. febreze. breathe happy. whoo! whoo! this is why we do this! fre
a stopdown in production would be costly for boeing and its suppliers. the company has orders for 800 dreamliner planes. earlier this month, the f-a-a grounded all 50 dreamliners in use, after lithium battery fires broke out in two jets. investigators have not yet figured out what caused the fires. your live illinois lottery drawing is next. after that ramsey will join us again... >> tonight on instant replay.. the blackhawks... sox fest... and illini basketball... tonight at 9:40......
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Jan 30, 2013
01/13
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KOFY
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. >> new york teams says boeing was aware of problems with the battery in the 787 jet even before the planes were grounde grounded. the air way tells the times it had already replaced 10 battery before the fires and that it reported these issues to boeing. all 50 of the boeing 787 in service are grounded after the battery on 2 planes either over heated or caught fire. >> now to incredible picture to share with you. underground explosions link to electrical fire caused several manhole covers in downtown omaha to blow the covers last nature sending flames in the air. resident captured this image. of what happened. really weird scene. apparently the problems began with cable that failed. at the peak thousands of people were without power. that includes local police and courthouse and local utility office as wechlt interestingly enough. >> non-stop vandalism at pennsylvania highway school forced officials to remove toilet paper from the boy bathroom. yes it has come to this. that means boys now have to go to the office. ask for toilet paper and then sign out the roll prior to going to use
. >> new york teams says boeing was aware of problems with the battery in the 787 jet even before the planes were grounde grounded. the air way tells the times it had already replaced 10 battery before the fires and that it reported these issues to boeing. all 50 of the boeing 787 in service are grounded after the battery on 2 planes either over heated or caught fire. >> now to incredible picture to share with you. underground explosions link to electrical fire caused several...
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Jan 24, 2013
01/13
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CNBC
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michael dell is on order to buy a boeing 787 dreamliner. i don't know if it is him per se buying it or whether the corporation that behind him that does it. >> this is a mystery p.m. pep familiar with him say it isn't his style to have a big plane like this. it is done through international leasing. it could be that the family office, the company that manages his family's vast wealth, maybe use it for who knows what. or maybe they'll lease it out. people do that. just like you buy property and rent it. can you buy a plane and rent it out. maybe that's what he is doing. >> what do you think, john? >> a few years ago, dell had a probably with batteries, lighting on fire in lap tops. he boeing's problems, and thought would he help out. >> a sympathy play? >> yeah. >> we will leave it at that. >>> dance in front. mona lisa? the xbox is in a place that you would never have expected. we will explain when we come back on "power." platform from charles schwab... tdd#: 1-800-345-2550 gives me tools that help me find opportunities more easily. tdd#:
michael dell is on order to buy a boeing 787 dreamliner. i don't know if it is him per se buying it or whether the corporation that behind him that does it. >> this is a mystery p.m. pep familiar with him say it isn't his style to have a big plane like this. it is done through international leasing. it could be that the family office, the company that manages his family's vast wealth, maybe use it for who knows what. or maybe they'll lease it out. people do that. just like you buy...
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168
Jan 31, 2013
01/13
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KPIX
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boeing also said it will speed up the production of the 787. >>> and good news for twinkie lovers. the golden sponge cake is about to make a comeback. hostess has reportedly picked two investment firms to buy its twinkies and other snack cakes. the deal is worth more than $400 million. the announcement could come as soup as next week. so anne-marie, i think it's safe for me to finally open up that emergency box of twinkies i've been hiding. >> i know. i've been hiding them in my basement, thank you, ashley morrison, in new york. >>> coming up, the countdown to kick-off of super bowl xlvii. we'll show you how some out-of-towners are enjoying new orleans before the big game. time before the big game. [ tissue box ] he said nasal congestion. yeah...i heard him. [ female announcer ] tylenol® cold multi-symptom nighttime relieves nasal congestion. nyquil® cold and flu doesn't. [ female announcer ] when a woman wears a pad she can't always move the way she wants. now you can. with stayfree ultra thins. flexible layers move with your body while thermocontrol wicks moisture away. keep mo
boeing also said it will speed up the production of the 787. >>> and good news for twinkie lovers. the golden sponge cake is about to make a comeback. hostess has reportedly picked two investment firms to buy its twinkies and other snack cakes. the deal is worth more than $400 million. the announcement could come as soup as next week. so anne-marie, i think it's safe for me to finally open up that emergency box of twinkies i've been hiding. >> i know. i've been hiding them in my...
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93
Jan 24, 2013
01/13
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FBC
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eye 93
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i do want to ask you about the issues over at boeing. southwest has been a faithful 737 buyer of those aircraft for, well, the entire history of the airline, frankly, 41 years. but the dreamliner, are you concerned at all about what's going on in the engineering department at boeing,? >> no. of course, boeing is one of the great companies of the world and have been our very good and really great partner from the very beginning at southwest airlines. we've had tremendous success in working with boeing, tremendous success with the 737. so anytime you have a new airplane there are always some, you know, break-in type items that just have to be worked through, and, you know, to be honest with you i just don't know enough about what the issues are to speak intelligently about it. it is a completely different electrical system and battery system than what we have, so i just can't really add anything other than they're a great company, and i know they're working hard to fix it. cheryl: tbri kelly, southwest airlines ceo, chairman and president.
i do want to ask you about the issues over at boeing. southwest has been a faithful 737 buyer of those aircraft for, well, the entire history of the airline, frankly, 41 years. but the dreamliner, are you concerned at all about what's going on in the engineering department at boeing,? >> no. of course, boeing is one of the great companies of the world and have been our very good and really great partner from the very beginning at southwest airlines. we've had tremendous success in working...
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126
Jan 29, 2013
01/13
by
FBC
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plus no news isn't good news for boeing. still no definitive answer to what is behind the dreamliner disasters. can you ever have too much "money"? melissa: business students scoring a job in vegas, these entertainment held a three-day texas hold them tournament to attract top recruits. it isn't the first time. last year five campus walkway with full-time jobs at the company. not talk about dealing cards. it displayed on how it all plays out is these entertainment corporate director of talent. welcome to the show. what yowould you they could leay watching them play texas hold them? >> we actually see a lot of correlation between these guys who can come in and show their skills at the poker table fro, strong poker skills correlate into a great business executive, they're very smart, analytical, great with numbers, they're very focused at the task at hand. and they're very social read they c get along with their competitors. melissa: spare not degenerate gamblers? >> go to the morgue positive attributes for those who can succe
plus no news isn't good news for boeing. still no definitive answer to what is behind the dreamliner disasters. can you ever have too much "money"? melissa: business students scoring a job in vegas, these entertainment held a three-day texas hold them tournament to attract top recruits. it isn't the first time. last year five campus walkway with full-time jobs at the company. not talk about dealing cards. it displayed on how it all plays out is these entertainment corporate director...
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Jan 25, 2013
01/13
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WTTG
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a major fire in 2006 at this boeing contractor while the company tested the battery charger. boeing has sunk billions into the dreamliner and is years away from breaking even. >> four months, six months or more, i have no way of knowing. but it is not going to be back in the air any time soon. >> reporter: it is extremely tough to put out batteries involving lithium ion batteries and that is of great concern to investigators. when batteries like this burn, they release oxygen which fuels the fire. essentially, they have to burn out on their own. >>> back to the morning's big story now, more chances for winter weather later on today. >> some streets and sidewalks haven't had a hans to recover from the first round and now we are talking about the potential for a tricky commute on this friday. but the snow isn't all bad. coming up income, see how the first family's dog had a little bit of fun yesterday in the snow. we'll be back. >>> the first dog had a little bit of fun playing in the snow yesterday. check out this picture of the obama family dog, bo, explorin
a major fire in 2006 at this boeing contractor while the company tested the battery charger. boeing has sunk billions into the dreamliner and is years away from breaking even. >> four months, six months or more, i have no way of knowing. but it is not going to be back in the air any time soon. >> reporter: it is extremely tough to put out batteries involving lithium ion batteries and that is of great concern to investigators. when batteries like this burn, they release oxygen which...
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Jan 30, 2013
01/13
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WTTG
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. >>> boeing is on the hot seat. coming up, what they knew about the reliability of the dreamliner batteries before a series of failures. a turkey-cheddar-bacon in the afternoon, or a tuna salad when the job is done, sandwich on your terms with any of dunkin's freshly made bakery sandwiches for just $2.99. america runs on dunkin'. nope, no. sorry, love to but can't. i'm sorry, she's very busy. enjoy the rich taste of dunkin' mocha lattes and coffees. now in dark chocolate. indulge in one today. america runs on dunkin'. >>> a live look outside. the d.c. region is waking up to warm, calm weather outside right now. things are going to change as they often do this time of the year. we go from cold to hot and hot to cold. it is all over the place. that is what we can expect, some change on the way. >> big changes. >> first, you will notice the warm temperatures and the winds. that will be the first half of the day. later this afternoon, rain will arrive. it will be heavy at time. potentially heavy at times. maybe even a t
. >>> boeing is on the hot seat. coming up, what they knew about the reliability of the dreamliner batteries before a series of failures. a turkey-cheddar-bacon in the afternoon, or a tuna salad when the job is done, sandwich on your terms with any of dunkin's freshly made bakery sandwiches for just $2.99. america runs on dunkin'. nope, no. sorry, love to but can't. i'm sorry, she's very busy. enjoy the rich taste of dunkin' mocha lattes and coffees. now in dark chocolate. indulge in...
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Jan 29, 2013
01/13
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CNBC
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here is what the street is expecting from boeing. these numbers, most people are saying this is important but it's really the guidance. that's what we're going to be focused on, under the circumstances past eps the other aspect of the commercial airline gets attention, 737, this is the workhorse for boeing. increased production to 38 a month starting this quarter. as you go into building the the third 737 assembly line in renton, washington, that's going to get a lot of tension particularly because they have the 737 max in development. this is the future workhorse for boeing. they already have a backlog of more than 1,000 orders. it is expected to enter service in 2017. this is the next launch they have to make a smooth launch over the next three years. as you take a look at this stock chart or last month, sue and tyler, i thought this was fascinating. the parent of airbus up 20%, shares of boeing not surprising given dreamliner problems down 1.4%. that says a lot in terps of the split in performance. we'll be watching numbers first
here is what the street is expecting from boeing. these numbers, most people are saying this is important but it's really the guidance. that's what we're going to be focused on, under the circumstances past eps the other aspect of the commercial airline gets attention, 737, this is the workhorse for boeing. increased production to 38 a month starting this quarter. as you go into building the the third 737 assembly line in renton, washington, that's going to get a lot of tension particularly...
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Jan 30, 2013
01/13
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FBC
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lot of pressure involved on shares of boeing. the department of defense and nasa are california testing a new type of aircraft that can access remote areas of the world that right now are not accessible. the limp like kraft could move more cargo than modern planes. taking food, supplies to disaster areas. 35 money in dollars has been spent so far on it. it looks like las vegas and not have a merry christmas. a drop in passengers arriving and departing from the city. 3.2 million passengers used the vegas airport last month, a drop from december of 2011. and that is your "west coast minute." dennis p. at dennis: let's turn back to that shocker on the gdp shrinking in the fourth quarter. cheryl: we have main street perspective. jeff: something easy and no other network, what is main street really thinking about these numbers. i am one main street. this is a shop called marseilles, a unique place. i will tell you why in just a moment. tallying up the trillions in stimulus that has led to this gdp number. there was a kkr report last w
lot of pressure involved on shares of boeing. the department of defense and nasa are california testing a new type of aircraft that can access remote areas of the world that right now are not accessible. the limp like kraft could move more cargo than modern planes. taking food, supplies to disaster areas. 35 money in dollars has been spent so far on it. it looks like las vegas and not have a merry christmas. a drop in passengers arriving and departing from the city. 3.2 million passengers used...
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Jan 28, 2013
01/13
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FBC
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plus no news isn't good news for boeing. still no definitive answer to what is behind the dreamliner disasters. can you ever have too much "money"? she's stl the one for you - you know it even after all these years. but your erectile dysfunction - you know,that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needingo go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask if your heart is healthy enough for sexual activity. do not take cialis if you take nitrates for chest pain, as this may cause an unsafe drop in blood pressure. do not drink alcohol in excess with cialis. side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long-term injury, seek immediate medical help for an erection lasting more than four hours. if you have an
plus no news isn't good news for boeing. still no definitive answer to what is behind the dreamliner disasters. can you ever have too much "money"? she's stl the one for you - you know it even after all these years. but your erectile dysfunction - you know,that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to...
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Jan 28, 2013
01/13
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KRON
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. >> battery fires on the 7-8- 7 dreamliner aren't slowing down boeing's production. of it's high tech fleet. the number of planes ordered still in the hundreds! we have the latest. >> the f-a-a is stopping boeing from flying its 7-8-7 dreamliners but the company isn't stopping production of the jumbo-jets. a boeing spokesperson confirmed that the company is keeping its current production schedule and planning on doubling it by the end of the year. the company still has to finish an order of 800 dreamliners and a stop in production could be costly. earlier this month the f-a-a grounded all 50 dreamliners after fires broke out in two of the jets. the cause of the fires remains under investigation. >> starting today if you plan on sending any mail out the old fashion way you'll have to shell out an extra penny for postage. first class stamps are going up to 46 cents and postcards will now cost you 33 cents. international mail went up even more and will now cost a dollar and ten cents. that's up from 85 cents to send mail to canada and mexico and a dollar and five cents
. >> battery fires on the 7-8- 7 dreamliner aren't slowing down boeing's production. of it's high tech fleet. the number of planes ordered still in the hundreds! we have the latest. >> the f-a-a is stopping boeing from flying its 7-8-7 dreamliners but the company isn't stopping production of the jumbo-jets. a boeing spokesperson confirmed that the company is keeping its current production schedule and planning on doubling it by the end of the year. the company still has to finish an...
WHUT (Howard University Television)
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Jan 31, 2013
01/13
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WHUT
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however, following the suspension of all boeing 787 flights by the authorities, ana had to cancel about 460 flights up to thursday. ana's executive vice president kyoshi kyomoto says business will be affected if it takes more time for the boeing 787 flights to be resumed yet added the company has no intention at present to change the policy of introducing 49 dreamliner aircraft by the year 2020. >>> new home building in japan was up in 2012 compared to the previous year. that's the third straight year of increases, but the figure remains low. the infrastructured a ministry says the construction of 828,000 unites started across the nation last year, that's up 5.8% from 2011. the ministry says the rise is due to low-interest rates on home mortgages. housing starts have been above 1 million units until the collapse of lehman brothers in 2008 that triggered the financial crisis. the ministry says it will match the impact on the housing market of an economic stimulus announced this month. the officials say another focus will be whether the consumption tax hike scheduled for april next year w
however, following the suspension of all boeing 787 flights by the authorities, ana had to cancel about 460 flights up to thursday. ana's executive vice president kyoshi kyomoto says business will be affected if it takes more time for the boeing 787 flights to be resumed yet added the company has no intention at present to change the policy of introducing 49 dreamliner aircraft by the year 2020. >>> new home building in japan was up in 2012 compared to the previous year. that's the...
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Jan 30, 2013
01/13
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CNBC
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boeing shares are up by about 60 cents. more with phil lebeau on this and two analysts. >>> remember, we're watching u.s. equity futures. the dow up 70 points yesterday and with closing price just 46 points away of putting the dow back above 14 thousand would be the first time that happened since october of 2007. this morning, the futures are indicated higher with dow futures up 12 1/2 points and s&p up by just over a point. overseas in asia overnight, the nikkei was up by about 2 and a quarter percent and the shanghai up as well. in europe, there are modest declines. dax down by 15 points and cac by 6 points and ftse by 3 1/2. >>> and founder and co-founder aubrey mcclendon announced he will be stepping down in april. a series of reports triggered criminal investigations and looking into whether mcclendon crossed the line by mixing personal business and possible anti-trust violations. the shareholders took control in june stripping the chairman of his title and carl icahn took one of those slots. >>> another one we're foll
boeing shares are up by about 60 cents. more with phil lebeau on this and two analysts. >>> remember, we're watching u.s. equity futures. the dow up 70 points yesterday and with closing price just 46 points away of putting the dow back above 14 thousand would be the first time that happened since october of 2007. this morning, the futures are indicated higher with dow futures up 12 1/2 points and s&p up by just over a point. overseas in asia overnight, the nikkei was up by about 2...
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Jan 25, 2013
01/13
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CNBC
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let's get to the continuing crisis at boeing. the all-important 787 dreamliner now grounded for nine days and counting. the government says it's runaway overheating batteries that are causing some of the problems but they still don't know why this is happening. we're about to ask former mra airlines chief bob crandall and a public relations expert all about it. ♪ [ construction sounds ] ♪ [ watch ticking ] [ engine revs ] come in. ♪ got the coffee. that was fast. we're outta here. ♪ [ engine revs ] ♪ [ engine revs ] ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is quite real though. this computer-animated coffee tastes dreadful. geico. 15 minutes could save you 15 % or more on car insurance. someone get me a latte will ya, please? barrow island has got rare kangaroos. ♪ chevro
let's get to the continuing crisis at boeing. the all-important 787 dreamliner now grounded for nine days and counting. the government says it's runaway overheating batteries that are causing some of the problems but they still don't know why this is happening. we're about to ask former mra airlines chief bob crandall and a public relations expert all about it. ♪ [ construction sounds ] ♪ [ watch ticking ] [ engine revs ] come in. ♪ got the coffee. that was fast. we're outta here. ♪ [...
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Jan 30, 2013
01/13
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CNBC
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-- reaction to boeing unless they say we're going to change? >> very much so. the boeing management are not in a position to give anything definitive at this stage. so they will not be able to give us very much. that's the big question actually for the forecast going forward, 2013 earning. this creates major uncertainty. how many -- how many aircraft are they going to deliver, what kind of provisions will they need to take. >> that's what i was going ask. that seems to be one area of 401( focus for investors. any idea of expectations there? >> you have two lots of potential provisions. one is the delay and the disruption that causes the company. so the costs incurred by the company. in addition to that you have potentially consequential damages. 50 aircraft are grounded. so the airlines will want compensation. there are going to be further delays of deliveries now, 50 aircraft. if you put one million per aircraft per month, it soon adds up. >> absolutely. and i wonder to what extent this changes the investment thesis forgoing. >> at this stage,
-- reaction to boeing unless they say we're going to change? >> very much so. the boeing management are not in a position to give anything definitive at this stage. so they will not be able to give us very much. that's the big question actually for the forecast going forward, 2013 earning. this creates major uncertainty. how many -- how many aircraft are they going to deliver, what kind of provisions will they need to take. >> that's what i was going ask. that seems to be one area...
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Jan 24, 2013
01/13
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KRON
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last week, the agency grounded the u-s fleet of boeing's 787 after an in- flight incident in japan. the grounding came after several other issues with the plane's lithium battery in japan and the united states. the military is ending its policy of excluding women from combat roles. defense secretary leon panetta reportedly will make the announcement tomorrow and hopes the process will be complete by 2016. however, officials say that doesn't mean every combat position will be available at once. each branch of the military will have to examine every job and assess how to integrate. the army and marine corps for example, have to examine physical standards and gender-neutral accommodations within combat units. >> the winter weather has caused major problems on interstate 80 in ohio. there were three separate pileups. one person was killed. this area of the country has been experiencing i see and cold conditions. there is a snow warning with temperatures not expecting to increase of of 20's. >> this water main break and chilly temperatures with a big mess in pennsylvania. this slick ice
last week, the agency grounded the u-s fleet of boeing's 787 after an in- flight incident in japan. the grounding came after several other issues with the plane's lithium battery in japan and the united states. the military is ending its policy of excluding women from combat roles. defense secretary leon panetta reportedly will make the announcement tomorrow and hopes the process will be complete by 2016. however, officials say that doesn't mean every combat position will be available at once....
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Jan 30, 2013
01/13
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CNBC
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guys, take a look at shares of boeing. the thing you want to look at here, the part where it goes up there, around 10:30. that's where jim mcinerney started talking on the conference call. no details about what they believe will happen in the near future, but you could sense from the tone they are not slowing down production and they are optimistic that they will get a solution. >> nothing like a stock chat until the story is told. let's bring in the senior research analyst at cower & company. do you feel that boeing is being maybe too optimistic? >> i think we'll see. i think the issue is i'm not at all surprise that had they should be relatively close to understanding the root cause. if the faa deals with this the way they have dealt with other situations which would be to put in place an airworthy directiveness and procedures on how to operate the plane until they fix the battery, and i think that's feasible, that's possible, and then give boeing time to make the changes that would be required in the battery, you know,
guys, take a look at shares of boeing. the thing you want to look at here, the part where it goes up there, around 10:30. that's where jim mcinerney started talking on the conference call. no details about what they believe will happen in the near future, but you could sense from the tone they are not slowing down production and they are optimistic that they will get a solution. >> nothing like a stock chat until the story is told. let's bring in the senior research analyst at cower &...
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Jan 25, 2013
01/13
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KICU
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the goverment addresses boeing's battery problems... but questions remain. plus, inside california's luxury housing boom. and are banks just plain greedy? a look at the latest money grab in traders unplugged. first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning. it's friday, january 25th. i'm angela miles. in today's first look: the dow climbs higher for the 5th straight session as apple takes down the nasdaq. the nasdaq fell 24 points. apple also played a role in holding down the s&p, which briefly crossed 1,500. apple shares tumbled $63 in trading yesterday. facebook founder mark zuckerberg is putting on a political face. he will host a fundraiser at his home february 13th for new jersey governor chris christie's re-election fund. and the post office is pushing up the price of a stamp by one penny to 46 cents starting sunday. scott shellady of trean group joins us this morning for a closer look at the markets. we have to talk about this 1500 in the s&p 500. when will this finally ho
the goverment addresses boeing's battery problems... but questions remain. plus, inside california's luxury housing boom. and are banks just plain greedy? a look at the latest money grab in traders unplugged. first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning. it's friday, january 25th. i'm angela miles. in today's first look: the dow climbs higher for the 5th straight session as apple takes down the nasdaq. the nasdaq...
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Jan 25, 2013
01/13
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KRON
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investigators say a short- circuit and an uncontrolled chemical reaction apparently took place in a boeing 787 battery before the battery caught fire earlier this month in boston but they are still unsure why it happened. the u-s military is lifting its long-standing rulet excludes women from combat units. defense secretary leon panetta made the official announcement today at the pentagon. panetta said that not everyone can meet the qualifications to be a combat soldier. but everyone is entitled to the chance. u.s. senator dianne feinstein has introduced legislation to renew the country's now expired assault weapons ban surrounded by members of congress, law enforcement and the clergy, feinstein said the bill will ban the sale of 157 military style assault weapons and ban high capacity ammunition clips. she says the 20 dead children in the newtown connecticut massacre is a wakeup call and now it's time for congress to act feinstein emphasized the bill protect the right of law abiding citizens who use guns for home security, hunting and other recreational purposes. next at 8-30. an inside l
investigators say a short- circuit and an uncontrolled chemical reaction apparently took place in a boeing 787 battery before the battery caught fire earlier this month in boston but they are still unsure why it happened. the u-s military is lifting its long-standing rulet excludes women from combat units. defense secretary leon panetta made the official announcement today at the pentagon. panetta said that not everyone can meet the qualifications to be a combat soldier. but everyone is...
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the national test predacious a keyboard says if boeing 787 investigation is moving swiftly and making progress. fifty boeing 787 remain grounded worldwide while the ntsb and japanese officials investigate the cause a battery fires aboard those aircraft. the ntsb is expanding its probe to include an energy department battery expert. u.s. manufacturing activity grew at a faster pace us month. the institute for supply management says the index of manufacturing activity jumped to a better than expected leading of 531. any reading over 50 signals expansion. and you are getting up bell went the old sales line, only this time it could be from a private company. rumors that dell could announce a deal to go private monday. driving share prices of more than 3 percent today. as the latest from the fox business network, giving you the power to prosper. ♪ [ male announcer ] you are a business pro. executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national. because only national lets you choo any car in the aisl
the national test predacious a keyboard says if boeing 787 investigation is moving swiftly and making progress. fifty boeing 787 remain grounded worldwide while the ntsb and japanese officials investigate the cause a battery fires aboard those aircraft. the ntsb is expanding its probe to include an energy department battery expert. u.s. manufacturing activity grew at a faster pace us month. the institute for supply management says the index of manufacturing activity jumped to a better than...
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Jan 24, 2013
01/13
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CNBC
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this is a supplier to boeing with the 787 dreamliners. they make the charger for the lithium ion batteries. he said he warned his superiors that the batteries were not safe and said the company ignored his warning. just a few minutes ago he described what happened when he saw one of these lithium ion batteries exemployed proceed. >> it wasn't even running and this lithium ion battery just decided to explode, and when thick exploded, the best way to describe it is where i was sitting, now there was an f-16 jet after burner shoos sho-- shooting out about ten feet where i was sitting and the magnitude of energy coming out of this battery, i cannot quantify it. >> us a take a look at shares of boeing since the 17th, which is when they were grounded by the federal aviation administration, we should point out that we've reached out to secure plane technologies for a comment regarding the concerns and not heard back from them. no closer to determining why these batteries malfunctioned and until that happens it's unlikely we'll see these planes c
this is a supplier to boeing with the 787 dreamliners. they make the charger for the lithium ion batteries. he said he warned his superiors that the batteries were not safe and said the company ignored his warning. just a few minutes ago he described what happened when he saw one of these lithium ion batteries exemployed proceed. >> it wasn't even running and this lithium ion battery just decided to explode, and when thick exploded, the best way to describe it is where i was sitting, now...